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Best of BS Opinion: Slowdown, bank mergers, RBI's generosity and more

Mergers of weak banks do not address tomorrow's challenges

Liquidity management tool: RBI may have to balance old norms with the new
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Uddalok Bhattacharya
Was Kashmir given rough justice? Does the generosity of the RBI lay bare the government’s vulnerabilities? Will the bank mergers create stronger banks? These issues may be decided tomorrow. As of today, the issue is slowdown. Uddalok Bhattacharya sums up:

The way the Jammu and Kashmir episode has been handled leaves many legal possibilities, says Karan Thapar.
 
In due course, the upshot of the government getting a huge amount from the RBI could be that it frittered away a lot of political capital. A K Bhattacharya examines how

India’s slowdown has both structural and cyclical components,